Negative Tone Persist in Fats, Oils and Grease Markets

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Negative Tone Persist in Fats, Oils and Grease Markets

The overall market was fairly quiet today in terms of trading. The only price change was a ½ cent move for tallow in the Gulf market, up on indications at 41 cts/lb late yesterday. Offers continue to be heard into the Gulf at higher prices, up to 42 cts/lb delivered.

Bearish clouds are continuing to gather for the nearby market on persistent reports of weak demand and well-bought positions. Planned and unpla...

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International Animal Fats and Oils 25.01.24

International Animal Fats and Oils 25.01.24

Some volumes of European UCO traded at price levels of €960/mt and over €1,000/mt DDP North-Western Europe. Selling ideas...

Grain Export Sales Drop, Soybeans Fall Below Expectations

Grain Export Sales Drop, Soybeans Fall Below Expectations

Most CME grain prices saw a downward trend on Thursday. The only grain price that increased was March wheat,...

Wet Blue Export Sales Surge Week-on-Week

Wet Blue Export Sales Surge Week-on-Week

Thursday ended mostly steady with only one trade being reported, which was on Heavy Texas Steers (HTS). Market participants noted...

Tanneries Begin to Close for Lunar New Year

Tanneries Begin to Close for Lunar New Year

Argentina

January 18

In December 2023, slaughter totaled 1.08 million head, down 11 percent year-on-year comparison.
The...

Sluggish U.S. Soybean Oil Sales, Exports Continue

Sluggish U.S. Soybean Oil Sales, Exports Continue

During the week ending January 18, domestic soybean oil exports were unchanged for the period at 300 tonnes (MT),...

International Animal Proteins 25.1.24

International Animal Proteins 25.1.24

**Please note - Chloe Krimmel was out of the office this week and will return on Monday, Jan 29th....

Organic Soybean Meal Prices Steady

Organic Soybean Meal Prices Steady

Organic soybean meal prices remain stable. Our view of stable prices is based on a slight decline in demand...

RINs and Biodiesel Prices Head Lower Mid-Week

RINs and Biodiesel Prices Head Lower Mid-Week

Stronger than expected December domestic renewable diesel (RD) production may be having an impact on several areas within the...

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10.17.2024

US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables

US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables

The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.

10.17.2024

US fats and oils markets quiet amid industry event; DCO production up

US fats and oils markets quiet amid industry event; DCO production up

The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.

The...

10.17.2024

US animal proteins market steady on October 17

US animal proteins market steady on October 17

US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.

September USDA Feed Outlook
Grain consuming animal units (GCAUs)...

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